Dubai World eyes Zimbabwe game park in Africa push

May 4, 2009

According to Reuters, “State-owned holding company Dubai World said on Sunday its African unit was investing in a wildlife game reserve in Zimbabwe as part of plans to boost its investments in Africa. Dubai World Africa, which in March said it bought three top-end South African wildlife game parks, has been pursuing investments that boost its exposure to Africa’s tourism sector, including investments in hotels and beach resorts.
‘(Africa) is a place where you can see growth… double-digit growth,’ Dubai World Chairman Sultan Ahmed bin Sulayem told the Arabian Hotel Investment Conference.”

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